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EconomyMacroeconomy
Apartment prices rise by 4.1 pct in Q2 The rise in the nominal value of apartments in Greece came to 4.1 percent year-on-year (YoY) in the second quarter (Q2) of 2020 from a revised increase of 6.6 percent in Q1 2020, Bank of Greece (BoG) data showed on Thursday.
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Economy
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually Speaking at an online event organised by a local think-tank, Bank of Greece governor Yannis Stournaras presented the central bank’s updated estimates regarding the impact of the pandemic on the economy.
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EconomyMacroeconomy
Travel balance falls by 85.1 pct in July Greece’s travel balance came to 516.4 million euros in July from 3.47 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 85.1 percent year-on-year (YoY).
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EconomyMacroeconomy
Current account shows deficit of 874.5 mln in July as travel receipts disappoint Greece’s current account (C/A) balance posted a deficit of 874.5 million euros in July compared to a deficit of 1.42 billion euros in June, Bank of Greece (BoG) data showed on Monday.
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EconomyMacroeconomy
Primary cash deficit at 5.78 bln in August Greece’s central government primary cash balance recorded a deficit of 5.78 billion euros in the first eight months of the year according to figures released by the Bank of Greece (BoG).
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EconomyBanking
Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2 The Bank of Greece’s (BoG) released statistics for the second quarter (Q2) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece.
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EconomyMacroeconomy
Credit growth up by 1.5 pct in July Credit movement in the Greek private sector rose by 1.5 percent in July after an increase of 0.4 percent in June, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Bank deposits rise by 3.32 bln in July Net deposit movements in the Greek banking system were positive by 3.32 billion euros in July, up sharply from inflows of 448 million in June, Bank of Greece (BoG) figures revealed on Thursday
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EconomyMacroeconomy
Receipt losses near 5 bln in first six months as June tourism figures disappoint Greece’s travel balance came to 27.9 million euros in June from 2.36 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 98.8 percent year-on-year (YoY).
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EconomyMacroeconomy
Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues Greece’s current account (C/A) balance posted a deficit of 1.42 billion euros in June compared to a deficit of 913.9 million euros in May, Bank of Greece (BoG) data showed on Thursday.